Technical analysis by Etoro_Rodri16_invest about Symbol BICO: Buy recommendation (12/11/2024)

🚀 BICO Technical Analysis: Heading to the Moon?BICO is showing a strong rally of +12.20%, breaking above the short-term moving average and moving toward the upper Bollinger band, indicating bullish momentum. The bullish crossover in the MACD confirms increasing positive momentum.Key LevelsResistance: $0.40 (immediate psychological level) and $0.48 (upper band and next target).Support: $0.34 (critical zone in case of a pullback).If the price breaks $0.40 with volume, it could reach $0.48. Otherwise, consolidation or a drop toward $0.34 is possible. Volume behavior will be key to confirming the move.